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An auditor was engaged to conduct a performance audit of a governmental entity in accordance with Government Auditing Standards. These standards do not require, as part of this auditor's report:
Suggested Answer: D
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Choice 'd' is correct. A concurrent opinion on the financial statements taken as a whole is not a required part of the auditor's report.
Choice 'a' is incorrect. A statement of the audit objectives and a description of the audit scope are required parts of the auditor's report.
Choice 'b' is incorrect. The auditor would provide indications of illegal acts discovered during the audit.
Choice 'c' is incorrect. The pertinent views of the entity's responsible officials concerning the auditor's findings are generally part of the auditor's report.
8 comments · newest first
CH
Cherilyn
11 months ago
C is often included, but not always necessary.
HU
Hui
12 months ago
B is a must-have for any audit, right?
ZI
Zita
12 months ago
Wait, are you sure about D? Seems important!
CA
Carissa
12 months ago
Totally agree, D is irrelevant here.
TI
Tiara
1 year ago
D is not required in performance audits.
MA
Marshall
1 year ago
Definitely External ID. That's the field designed specifically for integrating data between systems. The other options like Rich Text and Auto-Number don't seem as reliable for this use case.
GE
Gerald
1 year ago
I'm leaning towards option D and updating the risk response plan. That seems like the most comprehensive way to address this issue.
PO
Portia
1 year ago
I think the best approach might be to shorten the payment period but also ask for a discount. That way, we can show goodwill while also getting something in return.